Oshima to develop 3D CAD system [Shipbuilding]
Oshima Shipbuilding will launch a project to develop a sophisticated three-dimensional (3D) computer-aided "upstream" shipbuilding design system specifically geared for the primary process from basic planning to basic design following the conclusion ...
2009-05-18 07:40:57
Japanese face tough negotiations for steel [Equipment]
Just 12 months after the last confrontation, Japan’s steel mills are again embroiled in acrimonious price negotiations with their domestic shipbuilding customers. According to local news reports, shipbuilders have rejected an offer by steel sup...
2009-05-18 07:38:21
Zhoushan suffer from lack of orders [Shipbuilding]
Shipbuilders in Zhoushan, China are fretting over the threat a dearth of new orders will pose to their long-term businesses, despite a 40% jump in revenues for the first four months this year. From January to April, revenues from the city’s shi...
2009-05-18 07:33:34
Hanjin-STX issue contrasting results [Finance]
Hanjin Heavy Industries & Construction, South Korea’s sixth largest shipbuilder, and STX Offshore & Shipbuilding announced markedly contrasting first quarter results last Friday. HHIC said net income from January to March was Won104.1bn ($83m),...
2009-05-18 07:26:33
Asian navy buildup a fillip for shipyards [General]
The governments of Japan, Korea and China are set to come to the rescue of many big, well established yards once again during the downturn, and this time not through subsidies, but huge investments in navies. Agence France Presse quotes naval consult...
2009-05-18 07:22:23
Shipyard in Cebu to cut half of its work force [General]
Cebu’s pride and one of the Philippines first shipbuilding yards, FBMA Marine Inc., announced on Thursday the retrenchment of close to half its work force with the absence of orders for new vessels and no clear end in sight for the global economic ...
2009-05-18 07:17:31
Gdynia continues shipbuilding [Shipbuilding]
Poland announced Thursday that it had sold one of three historic shipyards which played a key role in bringing down its former communist government and were later the focus of a subsidy battle with the EU. Treasury Minister Aleksander Grad said t...
2009-05-18 07:10:24
China output up 54% [Shipbuilding]
Chinese shipbuilders built 9.54 million deadweight tons (DWT) of ships from January to April, up 54 percent on year, according to statistics released by the Ministry of Industry and Information Technology. Major shipbuilders of the country posted ...
2009-05-18 07:07:00
Storm warning 2010: Most risky [Shipbuilding]
Ms Bao Zhangjing chief-analyst of China Ship Industrial & Economical Research Center expresses her prediction that "2010 will be the hardest year for Chinese shipbuilder since the most problems will show up during the period." During 2010, ship-owner...
2009-05-18 07:02:21
More competition worried [Offshore]
South Korea’s big three shipbuilders, namely Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering are competing for the massive LNG-FPSO order to be placed by Royal Dutch Shell. The front-end engineerin...
2009-05-18 06:25:02
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